Albania’s unemployment rate stays flat at 12.8% in Q2 2013.

By bne IntelliNews September 3, 2013

Albania’s unemployment rate stood at 12.8% in Q2 of 2013, unchanged from the previous three quarters, the statistics office informed. The number of unemployed Albanians declined by 0.9% y/y and 0.1 q/q to 141,850 in January to June 2013.

The country’s labour force increased by 1.2% y/y and by 0.1 q/q to 1.106mn in Q2. Private companies, operating in the non-agriculture sector, increased their staff by 0.4% q/q and 7.6% y/y. On the other hand, employment in the public sector declined by 0.5% y/y to 163,800 in Q2 2013.

The average monthly wage in the public sector rose 5.9% y/y nut remained unchanged on a quarterly basis at ALL 51,700 (EUR 369.6).

Labour force survey           
  Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013
Labour Force  ('000) 1,093 1,107 1,108 1,106 1,106
Total employment   950 966 966 964 965
a) in public sector  165 164 164 164 164
b) in non-agricultural private sector  262 273 278 281 282
c) in agricultural private sector  524 529 524 519 519
Total unemployment ('000)  143 142 142 142 142
Unemployment rate %  13.1 12.8 12.8 12.8 12.8
Source: INSTAT            
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EIF signs guarantee agreements with 11 banks in Western Balkans, unlocking €750mn for small businesses

The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more

EIB surpasses investment milestone in the Western Balkans by investing €1.2bn in 2023

EIB Global, the financial arm of the European Investment Bank (EIB) for activities beyond the EU, set a new record by investing €1.2bn in the Western Balkans in 2023, the EIB said on February 9. ... ... more

Albanian banks’ profits reach ALL28bn in 2023

Albanian banks reported profits of ALL28.5bn (€271.7bn) in 2023, according to data from the Albanian Association of Banks. All banks in the country reported a profit for the year.  The most ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    6 days ago
  2. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    7 days ago
  3. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  4. Russia’s war economy boosted by rising oil prices
    8 days ago
  5. Russia’s $13.4bn current account surplus in March second highest since 2007
    7 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    24 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    29 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    27 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss